Ex-23.3

 
                        CONSENT OF INDEPENDENT ACCOUNTANTS
                                        


We hereby consent to the incorporation by reference in this Registration
Statement on Form N-14 (the "Registration Statement on Form N-14") of our report
dated February 17, 1998 relating to the financial statements and financial
highlights of the UBS International Equity Portfolio appearing in the December
31, 1997 Annual Report to Shareholders of The UBS Private Investors Funds, Inc. 
- - International Equity Fund, which is also incorporated by reference into the
Registration Statement on Form N-14.



PRICEWATERHOUSECOOPERS 
                                              

CHARTERED ACCOUNTANTS
Toronto, Ontario
September 21, 1998

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